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Orkla Food Ingredients has published plans to acquire all of the shares of Laan Heiloo, producer of ingredients in the ice cream sector. Laan is a family-owned company in the Amsterdam area with a turnover of 5.8m Euro in 2016. Orkla Food Ingredients CEO said: “This acquisition is in line with Orkla’s desire to grow in selected…
IOI Loders Croklaan, producer of sustainable oils and fats for the food manufacturing industry, is strengthening its leadership team. IOI Loders Croklaan CEO Julian Veitch announced today that seasoned food veteran Holger Riemensperger will join the organization as Chief Operating Officer, Europe on April 1st, succeeding Loek Favre —who will take on the newly created…
Archer Daniels Midland (ADM) plans to acquire starch and sweeteners producer Chamtor, France. “After adding to our sweetener and starch capabilities in Eastern Europe, we are continuing to execute our strategy by expanding in Western Europe,” said ADM Europe, Middle East and Africa president Pierre Duprat. “70% of the European starch and derivatives market is…
DuPont has entered into a definitive agreement with FMC Corporation to divest a portion of DuPont’s Crop Protection business, including certain research and development capabilities, and to acquire substantially all of FMC’s Health & Nutrition business. The transaction includes consideration to DuPont of $1.6 billion to reflect the difference in the value of the assets,…
Mars Chocolate North America plans to invest over 70m USD into M&M´s production capacity. The company said, with that investment it is able to provide 95% of the countries M&M´s demand by factories with the US.
German confectioner Haribo restructures its plants in France in order to strengthen its workforce in the US. The company will reduce the number of workers in France by 100 to 650 by 2018. Haribo France and US chairman Jean-Philippe André mentioned if the agreement will not be implemented, one of the two plants in France…
The “Vanilla – fair and sustainable” initiative is supporting vanilla farmers in Madagascar with education, fair prices and sustainable farming methods. Its purpose is to eliminate social and economic constraints that keep vanilla farmers trapped in a cycle of poverty and to thereby ensure better living conditions for 50,000 people in the grower communities of…
By emulating the UK’s salt reduction program, Public Health England’s (PHE) “Sugar Reduction: Achieving the 20%” strategy is a step in the right direction to improve the health of UK consumers, according to research and consulting firm GlobalData. The company’s report indicates that campaigners need to embrace a holistic program to reduce sugar consumption in…
Symrise AG has joined nearly 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD). Symrise is a global supplier of fragrances, flavorings, cosmetic base materials and substances as well as functional ingredients. WBCSD is proud to welcome global flavor and fragrance supplier Symrise as its newest member. Symrise…